Public-domain · open source
OpenJurist

Cal. Corp. Code § 25530.1

Powers of the Commissioner

Known as the Corporate Securities Law

The act spans §§ 25000–25707 (201 sections).

Added by Stats. 2007, Ch. 101, Sec. 6

In any proceeding under Section 25530, the court may prohibit, conditionally or unconditionally, and permanently or for such period of time as it shall determine, any person who violated Section 25401 from acting as an officer or director of any issuer that has securities qualified pursuant to Section 25110, or that has securities or a transaction exempt from qualification pursuant to Section 25100, 25102, or 25103, if the person’s conduct demonstrates unfitness to serve as an officer or director of the issuer.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.